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Box Co. is selling an IPO of stock. They expect to pay the new shares equivalent of $9 dividend per share and expect the stock
Box Co. is selling an IPO of stock. They expect to pay the new shares equivalent of $9 dividend per share and expect the stock to be priced at $120 in four years. The market required rate of return is estimated to be 18 per cent. What is value of the stock today?
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